EURUSD started to fall ready for more correction ?

22 thg 4, 2021

AS we can see market after this huge rise that had start to show some weakness usually when we miss to open short position on this kind of situation we can set Fibonacci retracement level and start opening our short positions near 0.61 or 0.5 % of Fibonacci and the reason we are looking for these levels not 0.38 % is strength of bullish market that we had .
so tight stop loss and great amount for take profit should consider and ...

for now we can see that maybe second wave of correction is starting and why beacuse we can see that price reach 0.61 and it seems that it is falling .


if and if price mange to break 0.61% and pump a little more then some strong resistance mentioned on chart with red lines :


Notice :market is yet strongly bullish so maybe all resistance break and continue to rise .
DISCLAIMER:
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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23 thg 4, 2021

Đóng lệnh: đạt mục tiêu

first target reached as mentioned on chart

1.2000 touched (+70 pips)